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Fatima's Group
In this Group: Fatima , Naseem Bibi, Tajamal
Fatima is married and the mother of a 21-year-old son who works on a poultry farm. Fatima could not educate him. That’s why he is unable to find a better job. Fatima is a very supportive lady in nature. She operates a grocery store in her home and also sells traditional Punjabi dishes called Samosy & Pakorey. The income she earns helps her pay the utility bills. Fatima has applied for a loan from Kiva partner Asasah for the betterment of her grocery store business. With the loan, she will buy groceries to put in store to sell. She has been operating her business for the past four years and hopes that a loan will help her to increase her profits.

Note: In the photo, the lady with a book (called Asasah Passbook) is Fatima.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Pakistan

  • $3,004
    Average annual income
  • 139
    View loans »
    Pakistan Loans Fundraising
  • $13,288,575
    Funds lent in using Kiva
  • 85.5
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatima's Group's $475 loan helped a member to buy groceries to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 22, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012